EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is wSw PortfolioManagement AG licensed under MiCA in the European Union?
wSw PortfolioManagement AG's European entity (wSw PortfolioManagement AG) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Germany on 19 December 2025.
Verdict: wSw PortfolioManagement AG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | wSw PortfolioManagement AG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 3912005CEQV0XYGFEO78 |
| Authorised services | Order R&T |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About wSw PortfolioManagement AG
wSw PortfolioManagement AG is a German financial-advisory firm, structured as an Aktiengesellschaft (stock corporation), rather than a consumer crypto exchange or trading app. On its website the firm describes itself as an independent, fee-based wealth adviser that serves private individuals, companies and foundations, with a stated focus on protecting and structuring assets for the next generation. It says it sells no financial products of its own and positions its core offerings as comprehensive investment advice, financial analysis and planning, portfolio management, foundation-asset support and family-office services. Crypto-assets such as Bitcoin and Ethereum are presented as one possible complement to traditional investments, not as a standalone retail product. Source: wsw-pm.de
On the regulatory point, the contracting legal entity is wSw PortfolioManagement AG, established in Germany and supervised by the Federal Financial Supervisory Authority (BaFin). The firm states that at the end of 2025 it received BaFin notification under Section 59(1b) MiCAR to receive and transmit orders for crypto-assets on behalf of clients. Its MiCA authorisation therefore covers the single crypto-asset service of Reception and Transmission of Orders. Sources: wsw-pm.de, EU Crypto Register
It is important to be precise about what this licence does and does not permit. Reception and Transmission of Orders means the firm can take a client's crypto-asset order and pass it on to another party for execution. The MiCA authorisation recorded for wSw PortfolioManagement AG does not extend to custody of crypto-assets, operating a trading platform, exchanging crypto for funds, executing orders, placement, or portfolio management of crypto-assets. There is no indication in the available research of spot trading, custody, savings, staking, EUR or SEPA on-ramps, or a card product offered directly to consumers. In short, the answer to whether wSw PortfolioManagement AG is licensed under MiCA in the EU is yes - but only as a BaFin-supervised provider of order reception and transmission, which is a narrow institutional-style permission rather than a full consumer exchange offering. Sources: EU Crypto Register, MiCA CASP Register
Which crypto services is wSw PortfolioManagement AG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), wSw PortfolioManagement AG (wSw PortfolioManagement AG) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
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Reception and transmission of orders for crypto-assets on behalf of clients
The exchange can receive your order and pass it to another venue for execution. Brokerage-pattern service, often paired with order execution.
Which services is wSw PortfolioManagement AG not authorised to offer?
wSw PortfolioManagement AG's MiCA licence does not cover: Custody, Trading platform, Exchange for funds, Exchange for crypto, Order execution, Placing, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by wSw PortfolioManagement AG under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
Why is wSw PortfolioManagement AG licensed in Germany?
Germany's BaFin runs a strict, banking-style authorisation model. Trade Republic, which already held a German banking licence, was authorised in April 2025. BaFin previously refused Binance's German licence application in 2023, leading Binance to withdraw from the German market. Source: Federal Financial Supervisory Authority (BaFin).
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
|---|---|
| Investor compensation | EdW (compensation scheme for securities firms) plus bank-deposit cover where applicable. |
| Regulatory context | BaFin's banking-style scrutiny is the highest barrier among MiCA NCAs. |
What does this mean for users of wSw PortfolioManagement AG in the EU?
If you transact through wSw PortfolioManagement AG's EEA-authorised entity (wSw PortfolioManagement AG), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in wSw PortfolioManagement AG's terms of service that your contracting entity is wSw PortfolioManagement AG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to wSw PortfolioManagement AG?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| OKX | Malta | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind wSw PortfolioManagement AG's entry on the register:
Frequently asked questions about wSw PortfolioManagement AG and MiCA
Is wSw PortfolioManagement AG licensed under MiCA?
Yes. wSw PortfolioManagement AG appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Germany.
Which EU countries can wSw PortfolioManagement AG serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on wSw PortfolioManagement AG protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in wSw PortfolioManagement AG's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to wSw PortfolioManagement AG's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - wSw PortfolioManagement AG (wSw PortfolioManagement AG)
- wSw PortfolioManagement AG official website
- wSw PortfolioManagement AG official website
- EU Crypto Register - wSw PortfolioManagement AG
- MiCA CASP Register - wSw PortfolioManagement AG (Germany)
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.